Egyptian computer sales up 8 percent annually

Published July 2nd, 2001 - 02:00 GMT

Computers sales in Egypt are expected to reach 172,850 units by 2001-end, according to recently published statistics by the International Data Corporation (IDC). Compared with the 160,849 computer units sold throughout Egypt in 2000, and the 131,291 units purchased the year before, this indicates an average eight percent yearly rise.  

 

In recent years, the country has seen an increase in investments in the small yet rapidly growing sector. Last year, there were reportedly only one million computers in Egypt, 62 Internet service providers and 400,000 Internet users, representing a mere 0.6 percent of the Egyptian population.  

 

The government now aims to raise the number of Internet subscribers to two million, boosting Internet-related revenues to $500 million in the upcoming three years.  

 

According to reports in Al-Bayan daily, Egypt currently accounts for only five percent of the regional Information Technology (IT) product sales. Egypt’s IT market, including consultancy firms, service providers and application developers, reportedly sees an average annual growth rate of about 40 percent. ― (MENA Report)

© 2001 Mena Report (www.menareport.com)


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